The financial statements cover the University of Essex and its subsidiary undertakings.
In 2016-17 turnover rose to £221m and we increased our cash surplus once again to hit our target of 5.5%. Our financial performance is giving us the opportunity to continue to invest in our staff base and our facilities for the benefit of our students.
The University Council is responsible for the maintenance and integrity of the corporate and financial information included on the University's website. Legislation in the United Kingdom governing the preparation and dissemination of financial information differs from legislation in other jurisdictions.